LIVERPOOL co-owner Tom Hicks is considering selling his American ice hockey team the Dallas Stars.

The Texan, who recently agreed a $500million deal to offload baseball side Texas Rangers, has appointed a company to look for new investors in the NHL outfit and explore the idea of selling a majority stake.

Reports in the US suggest one of Hicks Sports Group’s lenders is forcing Hicks to sell the club and that the asking price is around $300million.

Stars president Jeff Cogen admitted the club has had “seasonal cash flow needs” and added: “While a sale is not a certainty, it is a possibility. Mr Hicks has received numerous inquiries about the team. Those potential investors recognise that the Stars are a success story."

Hicks, who bought the Stars for $84million in December 1995, is also looking for new investment at Anfield.

Together with co-owner George Gillett, they need to raise £100million by this summer to drastically reduce the Reds’ current debts of £237million and satisfy the club’s bankers.